The last date for the public announcement for competing offers stands at September 21 and, if everything goes right, the tendering period for open offer will commence on October 17. The company intends to make a cash offer at a price of Rs 294 per share to acquire up to 16,762,530 shares, representing a 26 per cent stake.
Dipan Mehta urges caution and focus on fundamentals as uncertainty persists
So, next 80 days we should focus only on the micros and look at companies on a bottom-up basis and then see if there are